Former Democrat donor Jacob Helberg told Fox News’ Maria Bartiromo that he will be supporting former President Trump in November due to President Biden’s “radical progressive” policies.
Bartiromo pointed to Trump’s recent successful fundraising trip to California, which included multiple fundraisers in Silicon Valley. “Deep blue turning red as the tide turns. Trump in Silicon Valley, members of California’s starkly liberal technology community turning out to support the from the prison the massive fundraiser last week in the Trump campaign, raking in $12 million at the event,” she said before nothing that Helberg was present.
“You were once a prominent Democrat donor and gave to Biden in his last presidential campaign, but you were there this week supporting President Trump. What happened?” the Fox News host followed up.
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“Part of what we have seen over the last four years I came from a one-party state and like a lot of people in California and in Silicon Valley, I saw the Democratic Party get hijacked by the Squad and woke theology,” Helberg said “President Biden campaigned as a moderate and ultimately has governed as a radical progressive. He has spent all of his time catering to his base, and ultimately, he is now completely out of step with where the rest of the country is.”
The latest defection comes as former President Trump is rapidly narrowing President Biden’s fundraising lead. In April, the Biden campaign raised just $51 million, falling short of the Trump campaign’s $76 million haul in the same time period. The post-verdict donations alone have outpaced Biden’s April numbers as well.
While the Trump campaign has been dominating in small-dollar donations throughout the election cycle, the former president is now receiving support from a number of billionaires and other megadonors as well.
Miriam Adelson recently announced that she plans to pour tens of millions of dollars into a pro-Trump SuperPAC after flirting with other candidates in the primary.
The casino billionaire and her late husband, Sheldon Adelson, were Trump’s biggest donors in 2020 with more than $90 million in contributions to the Preserve America PAC. Hedge fund billionaire Bill Ackman, who has campaigned against DEI policies and campus antisemitism in recent months, is likely to endorse Trump as well, according to a report from the Financial Times.
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